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Entrepreneurship Worksheet: Business Budget

Entrepreneurship lesson 13: Budgets · Set 698 · 40 questions
TalentJR

Business tip (Plan before you spend): One-time cost: bought once and used many times. Running cost: bought again for every batch. Money left = budget − all the costs. Total budget needed = materials for every item + one-time costs. Greatest number you can buy = money ÷ price of one, rounded down to a whole number.

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  1. 1.Which of these is a running cost? (a) a cash box (b) a cooler box (c) card paper (d) a folding table
  2. 2.📒 One-time cost or running cost: a cooler box? (a) a running cost (b) a one-time cost
  3. 3.True or false: “seeds and soil” is a one-time cost. (a) True (b) False
  4. 4.Rohan has ₹280 to spend on sheets of card paper. One sheet of card paper costs ₹8. What is the greatest number of sheets of card paper Rohan can buy?
  5. 5.📒 One-time cost or running cost: lemons? (a) a one-time cost (b) a running cost
  6. 6.📒 One-time cost or running cost: seeds and soil? (a) a one-time cost (b) a running cost
  7. 7.True or false: “sugar” is a running cost. (a) False (b) True
  8. 8.Rohan plans to make 28 handmade cards. Each needs ₹9 of materials, and a banner costs ₹270 once. What total budget is needed (in ₹)?
  9. 9.Aarav’s stall budget is ₹610. Pots cost ₹200, paper cups cost ₹200 and seeds cost ₹150. How many rupees of the budget are left?
  10. 10.Which of these is a one-time cost? (a) a cooler box (b) tea leaves and milk (c) sugar (d) card paper
  11. 11.🔍 Which is the odd one out? (a) a cloth banner (b) a cash box (c) sugar (d) a folding table
  12. 12.Gurpreet has a budget of ₹500. The stock costs ₹190 and the stall fee is ₹320. Is the budget enough? (a) No (b) Yes
  13. 13.🔍 Which is the odd one out? (a) a folding table (b) a price board (c) ice (d) a cooler box
  14. 14.📒 One-time cost or running cost: tea leaves and milk? (a) a one-time cost (b) a running cost
  15. 15.Saanvi’s stall budget is ₹710. Napkins cost ₹220, a banner cost ₹140 and paper cups cost ₹60. How many rupees of the budget are left?
  16. 16.True or false: “card paper” is a running cost. (a) False (b) True
  17. 17.Diya’s stall budget is ₹620. Paper cups cost ₹170, seeds cost ₹120 and a banner cost ₹180. How many rupees of the budget are left?
  18. 18.Which of these is a one-time cost? (a) a price board (b) paper cups (c) card paper (d) tea leaves and milk
  19. 19.Saanvi plans to make 11 glasses of chai. Each needs ₹3 of materials, and a banner costs ₹160 once. What total budget is needed (in ₹)?
  20. 20.Ishaan has ₹250 to spend on packets of seeds. One packet of seeds costs ₹20. What is the greatest number of packets of seeds Ishaan can buy?
  21. 21.Ishaan has ₹290 to spend on rolls of ribbon. One roll of ribbon costs ₹5. What is the greatest number of rolls of ribbon Ishaan can buy?
  22. 22.Saanvi’s stall budget is ₹900. Paper cups cost ₹210, pots cost ₹90 and a price board cost ₹300. How many rupees of the budget are left?
  23. 23.Diya has a budget of ₹500. The stock costs ₹80 and the stall fee is ₹400. Is the budget enough? (a) No (b) Yes
  24. 24.📒 One-time cost or running cost: a juicer? (a) a running cost (b) a one-time cost
  25. 25.Farhan plans to make 24 bags of popcorn. Each needs ₹4 of materials, and a banner costs ₹170 once. What total budget is needed (in ₹)?
  26. 26.Ishaan’s stall budget is ₹500. Sugar cost ₹190, lemons cost ₹100 and napkins cost ₹190. How many rupees of the budget are left?
  27. 27.📒 One-time cost or running cost: ice? (a) a running cost (b) a one-time cost
  28. 28.Which of these is a one-time cost? (a) seeds and soil (b) a juicer (c) tea leaves and milk (d) paper cups
  29. 29.Rohan has ₹210 to spend on packs of cups. One pack of cups costs ₹4. What is the greatest number of packs of cups Rohan can buy?
  30. 30.True or false: “a cloth banner” is a one-time cost. (a) True (b) False
  31. 31.Kabir plans to make 14 jute bags. Each needs ₹5 of materials, and a banner costs ₹210 once. What total budget is needed (in ₹)?
  32. 32.Ananya’s stall budget is ₹760. Seeds cost ₹200, sugar cost ₹200 and lemons cost ₹240. How many rupees of the budget are left?
  33. 33.Rohan plans to make 12 bags of popcorn. Each needs ₹10 of materials, and a banner costs ₹120 once. What total budget is needed (in ₹)?
  34. 34.Aarav has a budget of ₹800. The stock costs ₹350 and the stall fee is ₹490. Is the budget enough? (a) Yes (b) No
  35. 35.Which of these is a one-time cost? (a) lemons (b) paper cups (c) a cloth banner (d) tea leaves and milk
  36. 36.Rohan has ₹260 to spend on lemons. One lemon costs ₹5. What is the greatest number of lemons Rohan can buy?
  37. 37.Saanvi plans to make 36 glasses of chai. Each needs ₹8 of materials, and a banner costs ₹300 once. What total budget is needed (in ₹)?
  38. 38.Diya has ₹400 to spend on lemons. One lemon costs ₹8. What is the greatest number of lemons Diya can buy?
  39. 39.🔍 Which is the odd one out? (a) a juicer (b) lemons (c) a cash box (d) a folding table
  40. 40.True or false: “a price board” is a one-time cost. (a) True (b) False

Answer key

  1. card paper
  2. a one-time cost
  3. False
  4. 35
  5. a running cost
  6. a running cost
  7. True
  8. 522
  9. 60
  10. a cooler box
  11. sugar
  12. No
  13. ice
  14. a running cost
  15. 290
  16. True
  17. 150
  18. a price board
  19. 193
  20. 12
  21. 58
  22. 300
  23. Yes
  24. a one-time cost
  25. 266
  26. 20
  27. a running cost
  28. a juicer
  29. 52
  30. True
  31. 280
  32. 120
  33. 240
  34. No
  35. a cloth banner
  36. 52
  37. 588
  38. 50
  39. lemons
  40. True

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